Principality two-year fixed rate mortgage relaunched

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Principality two-year fixed rate mortgage relaunched

Wales's largest building society has announced the relaunch of its mortgage range.

This means the return of the Principality two-year fixed rate mortgage, which comes with a rate of either 4.49 per cent or 4.59 per cent.

The 4.49 per cent rate has a maximum loan to value (LTV) of 75 per cent, while the 4.59 rate has one of 95 per cent.

Customers of the Principality two-year fixed rate mortgage also receive free legal fees if they are remortgaging.

A Principality three-year fixed rate mortgage is also available. This comes with a rate of 5.09 per cent and is part of the fee saver range, meaning there are no upfront administration or valuation fees.

Dominic White, head of marketing at Principality, said the fee saver range was "highly competitive" and is "popular" with customers.

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